Monday, November 9, 2009

Unemployment in Europe hit record.

Unemployment in the 27 EU countries and 16 countries of the euro continued to beat records. According to the European statistical agency, in September, unemployment in the eurozone rose by 0.1 percentage points to 9.7% (in September 2008 - 7,7%), the European Union - also by 0,1 percentage points to 9.2% (September 2008 - 7,1%). For the eurozone the September unemployment rate was the highest since January 1999, for the EU - from January 2000. Eurostat data coincided with the expectations of analysts polled by Reuters. According to Eurostat, in the 27 member countries of the Union to date, no work remain 22.123 million people, of which 15.324 million people live in countries of the euro. Compared with September last year the number of unemployed in the EU rose by more than 5 million people. The lowest unemployment rate recorded in the Netherlands (3.6%) and Austria (4.8%), the highest - in Latvia (19,7%) and Spain (19,3%).

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